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"When some of those countries were unable to service their debt we often said, "Ok, you may not pay now, but your country will vote to support the US at the next vote in the UN. Or you will allow the US to build a military base on your territory." Or something else of the kind."

https://sputniknews.com/analysis/201711161059158765-economic...

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That seems like it would be bad for the US not bad for the companies in question, who got paid either way.

The gist I got from the article is that those companies would also get benefits, like cheaper access to resources or monopolies in their areas of operation.

I wish more people understood that this is how international debts are ACTUALLY paid.

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